value-added tax

US /ˈvæl.juːˌæd.ɪd tæks/
UK /ˈvæl.juːˌæd.ɪd tæks/
"value-added tax" picture
1.

增值税

a tax on the amount by which the value of an article has been increased at each stage of its production or distribution.

:
The price includes a 20% value-added tax.
价格包含20%的增值税
Many countries impose a value-added tax on goods and services.
许多国家对商品和服务征收增值税